KH Philux Acquires Additional FS Planning Shares for 44.1 Billion KRW

KH Philux announced on the 18th that it will additionally acquire 8.82 million shares of its consulting subsidiary FS Planning for 44.1 billion KRW.

After the stock acquisition, KH Philux's stake in FS Planning will become 100%. The scheduled date for the stock acquisition is the 19th.

KH Philux stated that the purpose of this stock acquisition is "to repay debt and improve the financial structure through debt-to-equity conversion of its subsidiary FS Planning."